Definitely one of the most popular horse racing exotic bets is the trifecta, a pari-mutuel bet in which punters must predict the horses that will finish first, second and third in the correct order. Any punter setting out to win the big dividends associated with trifectas should think about multiple combinations and not just the simple ones.
Simple box trifectas are easy to place – for example, a box trifecta with three horses costs six units and one with four horses costs 24 units – but they carry lots of dead combinations and, therefore, lots of dead money. Let’s now discuss the banker bet.
Banker Trifecta: Picking 1 horse to win (your banker) and subsequently choosing more than two horses to finish in second, third and so on positions…
The best strategy for long-term trifecta success relies upon the use of banker selections that enable punters to have lots of horses running for them to fill the remaining places, all without blowing out the cost of their bet.
However, before getting stuck into some of the ways to play the trifecta, let us get one thing perfectly clear: the bet pays astronomical dividends from time to time because it is difficult to win and, therefore, any punter thinking about concentrating on trifectas needs to have the personality to cope with long losing runs. They will happen and one has to have the fortitude to keep going when the going gets tough.
Going Against the Crowd
There are other considerations as well. One needs to have a rock-solid trifecta selection method or system so that one can focus one’s energy on staking the bet correctly. And that method or system has to result in bets that, to some extent, go against the crowd. The only way to land a big trifecta is to be right when everyone else is wrong.
Okay, so having established that trifecta punters have to be cut from a particular kind of cloth, methodical in the way that they pick their horses and relentlessly optimistic, let us look at the ways in which one can use banker selections.
The simplest way to use a banker is to nominate a horse to win and link it with several other horses to come second and third.
For example: One could pick a banker to win and link four other runners to fill second and third places. The cost of such a trifecta bet would be a manageable 12 units.
And, of course, one does not have to pick a banker to win. One could just as easily pick a banker to finish second or third. The costs involved in the trifecta bet remain the same, although it is difficult to see how one could hold strong views about second or third position. Surely first is the only place about which one could be suitably bullish.
More complicated – not to mention more expensive – is to bet one’s banker places first, second or third. Assuming that one picks four other horses alongside one’s banker, the cost of such a trifecta bet would be a more hefty 36 units.
Banker selections, however, are not for everyone and there are trifecta betting strategies for punters who do not want to nail their colours to the mast. For example, one could use a seven-horse system in which three of them can fill any position and the other four are running for third. If two of the three horses with full cover occupy the first two places then one only need one of the other five runners to finish third. The cost of such a trifecta bet would be 30 units.
Banker Bet Conclusion
Whichever trifecta betting strategy one decides to employ – and there are dozens from which to choose – the consensus among trifecta betting aficionados is that one must select races carefully, opt for races with upwards of 12 runners and not over bet because doing the latter would reduce the likelihood of obtaining value, which is the holy grail.